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Sweden has a well-educated population and a high level of skills relative to other OECD countries, but student performance has fallen for the past decades. An additional challenge is how to better connect the education system to the labour market to ensure that students are equipped with those skills demanded by employers.
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Sweden’s level of income inequality is low by international standards but has steadily increased since the mid-1980s, faster than in any other OECD country. Reversing the increase in inequality requires a policy package built on three pillars.
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Much thought has gone into the design of migrant integration policy in recent years, but migrants’ labour market outcomes continue to lag behind those of other Swedes, notably because of low educational attainment and literacy proficiency.
Sweden has been one of the OECD’s top economic performers in recent years. Nevertheless productivity has slowed and low-skilled youth and immigrants face difficulties finding jobs. Investing in innovation and skills is key to raising living standards and well-being further.
There are now 42 signatories to the OECD Declaration on Green Growth. Lithuania has joined Costa Rica, Colombia, Croatia, Latvia, Morocco, Tunisia, as well as OECD members in having adhered to the declaration. Latest reports are now available on Zambia, Slovak Republic, Slovenia and Korea.
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This country note from Going for Growth 2015 for Sweden identifies and assesses progress made on key reforms to boost long-term growth, improve competitiveness and productivity and create jobs.
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The tax burden in Sweden increased by 0.5 percentage points from 42.3% to 42.8% in 2013. The corresponding figure for the OECD average was an increase of 0.4 percentage points from 33.7% to 34.1%. The Swedish standard VAT rate is 25%, which is above the OECD average. The average VAT/GST standard rate in the OECD was 19.1% on 1 January 2014.
In December 2013, the Swedish population reached 9 million of which 1.5 million (15.9%) were foreign-born and about 468 000 Swedish-born with two foreign-born parents.
Country notes outlining regional variations in health, jobs, safety, environment, access to services, civic engagement, housing, education, income, and employment. These notes are from the OECD publication "How's Life in Your Region?".